Enact Receives Ratings Upgrade from Moody's

Core Viewpoint - Enact Holdings, Inc. has received a credit rating upgrade from Moody's Investor Service, reflecting the company's strong performance and stability in the private mortgage insurance sector [1][2]. Company Overview - Enact Holdings, Inc. operates primarily through its subsidiary, Enact Mortgage Insurance Corporation, which has been in operation since 1981 and is a leading provider of private mortgage insurance in the U.S. [3]. - The company aims to assist more individuals in achieving homeownership by partnering with lenders to provide top-tier service, underwriting expertise, and risk management [3]. Rating Upgrade Details - Moody's upgraded the insurance financial strength rating of Enact Mortgage Insurance Corporation from A3 to A2 and the long-term issuer rating and senior unsecured debt rating of Enact Holdings, Inc. from Baa3 to Baa2, with a stable outlook for these ratings [1]. - This marks the fourth upgrade from Moody's since Enact's IPO in 2021, indicating consistent execution and strong results [2].